Tags: 2020 Elections | Trump Administration | Trump Tax Reform | trump | middleincome | tax | cut

Trump Says He Will Unveil 'Middle-Income' Tax Plan in 2020

Trump Says He Will Unveil 'Middle-Income' Tax Plan in 2020
(Valiantsin Korznikau/Dreamstime)

Thursday, 12 September 2019 08:33 PM

President Donald Trump said on Thursday his administration would unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.

"We'll be announcing it sometime in the next year. But it'll be very, very substantial tax cut for middle-income folks who work so hard. And we'll look forward to that. We're going to work on it altogether," Trump told Republican lawmakers, without providing any additional details.

Trump has said his administration was considering potential tax cuts, seeking to play down market anxieties over a possible recession. At the end of 2017, Trump passed a tax overhaul passed by the Republican-led Congress.

© 2020 Thomson/Reuters. All rights reserved.


   
1Like our page
2Share
Headline
President Donald Trump said on Thursday his administration would unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.
trump, middleincome, tax, cut
106
2019-33-12
Thursday, 12 September 2019 08:33 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved